Govt puts 25 coal blocks on sale in 16th round of commercial auctions

Govt puts 25 coal blocks on sale in 16th round of commercial auctions

The Indian government announced the auction of 25 coal mining blocks in its sixteenth commercial round. The parcels are located in nine states, such as Arunachal Pradesh, Bihar, Chhattisgarh, and Jharkhand, among others. The auction is projected to raise substantial funds and supports the government's plan to privatize coal assets and is expected to enhance sector efficiency.